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 Replies: 15 / Views: 1,647 |
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Pillar of the Community
United States
2335 Posts |
I'm still working on my 7070, & am starting to check into filling the Trade dollar hole. My number one priority is to get an authentic coin with a good bit of detail. I would prefer a coin with original surfaces but could probably live with one that had been cleaned/dipped in the past as long as it wasn't harshly cleaned or too unnaturally bright. Can anyone tell me what greysheet bid/ask is for a common date Trade dollar? Maybe point me in the direction of reputable online dealers with pictures so I could start doing some comparison shopping? I really don't want to pay a premium for a slabbed coin that I would end up cracking out anyway. Any comments or opinions will be appreciated. |
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Valued Member
United States
75 Posts |
I have a Greysheet dated Sept 12. Trade dollars listed as: VG 110 F 115 VF 120 XF 135 AU 220 MS60 925 I can't point you towards a dealer but I was just in a local antiques store and saw three Trade dollars listed for $200 each (all estimated at XF). Two were moderately whizzed. The third was abusively whizzed--it was harsh. I passed on all three. Edited by zerozero
09/20/2008 4:23 pm
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Pillar of the Community
United States
986 Posts |
Be prepared to pay well over Greysheet bid for a nice Trade dollar. If you are comfortable at detecting counterfeits on your own, then some nice deals can be had buying on ebay. Otherwise, I would suggest buying one slabbed or purchasing one raw from a trusted dealer. |
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Bedrock of the Community
United States
14454 Posts |
I agree, if you can detect counterfeit coins then ebay is a good place to look but if you can't I would stay clear of ebay all together unless you were to buy a slabbed example from a reputable TPG because the Trade dollar is highly copied |
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Bedrock of the Community
United States
17884 Posts |
This may sound strange coming from me, but if you are not GOOD at detecting fake Trade dollars ou should only buy a slabbed one. We are all familiar with the fakes that have come out of China during the past few years, but there have been tons of fake trades coming out of the orient since the 1960's. Even back when I started collecting in the ealy 70's the discussion about Trade dollars was always the huge number of fakes that were on the market. They haven't made any new genuine trades since then, but almost forty years worth of production of fakes have been added to the market since then. |
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Valued Member
United States
75 Posts |
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Pillar of the Community
Egypt
3470 Posts |
How can you determine the fake ones?, Are there any main characteristics to look for !?
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Pillar of the Community
United States
4541 Posts |
interesting site thanks for the link  |
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New Member
India
10 Posts |
 Hi 007: I firmly believe Conder 101 is correct. Tons and Tons of fackes from China are pouring in the market. EgCollector: One can identify the fake by apperance, edge lettering, portrait, eagle, etc., But, an experienced collector may also liable to do a mistake. So, the best thing is BUYING A SLABED ONE. This will give mental satisfaction and help in case of selling it by the heirs. Sincerely George |
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Pillar of the Community
United States
3294 Posts |
unless they have also counterfeited the slab...
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Moderator
 United States
187702 Posts |
Of all the coins I need for my 7070, this one scares me the most!
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Pillar of the Community
United States
4085 Posts |
I am also working on my 7070 and have mostly bought raw coins for it. But in the case of the Trade dollar (and one of the Seated Liberty dollars - still need with Motto - $$$), I bought a certified coin and cracked it. There are just too many counterfeits out there and they can be really hard to detect. I would never buy a raw Trade dollar without seeing it under a 10x and even then, I'd have to feel good about the dealer. I filled the Trade dollar slot with an ANACS 1878-S EF Details, Net VF Cleaned. The cleaning is older and wasn't overly harsh. I think it was in the $125 range (back in 2007). Ken |
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Pillar of the Community
United States
1083 Posts |
Edited by okie-colin
09/29/2008 10:47 pm
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Pillar of the Community
United States
1582 Posts |
Raw versus slabbed.....sounds familiar.
A slabbed coin from a TPC will cost a good deal more than a raw coin; however, if you purchase from a reputable dealer, such as has been previously posted, I believe you can get a nice (real) coin for less money.
Ralph
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Valued Member
United States
327 Posts |
There are enough fakes out there that a person could actually go to collecting them!
Sort of a "Rouges Gallery" sort of thing.
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Pillar of the Community
United States
2254 Posts |
Quote:
There are enough fakes out there that a person could actually go to collecting them!
Absolutely. One of our veteran forum members Swamperbob has quite an extensive counterfeit collection if I'm not mistaken. |
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Replies: 15 / Views: 1,647 |
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Posted 09/20/2008 10:15 am
